Chipmaker Advanced Micro Devices Inc. has said it will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year in order to reduce spending in the face of dwindling sales.
Advanced Micro Devices is cutting some 1,400 workers as a weak computer market and manufacturing delays have hurt the world’s second-biggest maker of microprocessors for PCs.
SAN JOSE (CBS/AP) – A new chip from Advanced Micro Devices Inc. combining general-purpose and graphics capabilities showed early signs of success as the company’s earnings for the latest quarter were slightly better than what […]
Advanced Micro Devices Inc. said its net income nearly doubled in the first quarter as the computer industry benefits from strong corporate demand.
Advanced Micro Devices is reporting that its fourth-quarter profit shrunk from a year ago, when a big legal settlement against archrival Intel pumped up earnings.
The chief executive of chip-maker Advanced Micro Devices Inc. resigned Monday, citing the opportunity to increase share value and grow the company.
Advanced Micro Devices Inc. narrowed its third-quarter loss slightly, as the chip maker’s remaining stake in factories it spun off last year dragged down the results.
Advanced Micro Devices has cut its third-quarter outlook. The world’s second-biggest maker of personal computer processors announced Thursday it expects revenue to fall 1 percent to 4 percent from the second quarter’s $1.65 billion.